Coinbase Discusses $2 Billion Acquisition of BVNK

Coinbase Global Inc. is reportedly in advanced talks to acquire London-based stablecoin infrastructure firm BVNK for around $2 billion, with completion expected by late 2025 or early 2026.

This acquisition could enhance Coinbase’s stablecoin settlement capabilities, potentially increasing USDC adoption and affecting cross-border payment volumes.

Coinbase Eyes $2 Billion BVNK Acquisition for 2026

Coinbase Global Inc. is reportedly engaged in exclusive negotiations with BVNK, based in London, to acquire the stablecoin infrastructure startup for approximately $2 billion. The talks, in advanced stages, are expected to culminate in late 2025 or early next year, although the final terms and the transaction’s outcome remain subject to change.

The acquisition could broaden Coinbase’s capabilities within stablecoin-based financial ecosystems. BVNK’s existing rails for multichain payments may integrate with Coinbase’s systems, potentially driving the adoption and utility of major stablecoins, including USDC, ETH, and BTC. This progression aligns with Coinbase’s mission to augment economic freedom through expansive utility.

“We don’t comment on rumors or speculation. Driven by our mission to expand economic freedom globally, we actively explore various opportunities—whether through building, acquiring, partnering, or investing—to advance our mission.” — Coinbase Spokesperson, Official Communication, Coinbase.

Stablecoin Integration to Expand Coinbase’s Cross-Border Influence

Did you know? Past acquisitions by Coinbase, such as Paradex in 2018, enhanced their trading capabilities significantly. The BVNK acquisition might similarly transform their stablecoin infrastructure, influencing market payments and processing flows.

USDC, standing at $1.00 with a market cap of $75.82 billion, dominates 2.05% of the crypto market, according to CoinMarketCap. Over the past 90 days, USDC’s price inched down by 1.22%, amidst a 15.18% drop in trading volumes to $8.73 billion. These metrics show its resilience amid fluctuating market conditions.

Coincu researchers predict that the regulatory landscape could experience changes, positively affecting Coinbase operations. Historically, similar acquisitions have bolstered trading volumes and product lines, suggesting a potentially positive trajectory for USDC’s integration and broader financial reach.